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Ingredion reports Q1 2026 EPS down 26% due to Argo plant issues, lowers full-year EPS outlook

Company Fundamentals
05 May 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Ingredion Incorporated reported a 26% decline in reported EPS to $2.22 in Q1 2026, mainly due to operational challenges at its Argo facility affecting the U.S./Canada segment. Despite this, other segments like Texture & Healthful Solutions showed steady growth. The company lowered its full-year 2026 EPS guidance to a range of $9.60 to $10.30, citing ongoing operational headwinds and macroeconomic uncertainties. Ingredion expects gradual improvement in operations in the second half of the year and continues to focus on innovation and customer service.

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Sigenergy launches SigenStor Neo, an AI-powered home energy system for total energy independence.

Sigenergy launches SigenStor Neo, an AI-powered home energy system for total energy independence.

Sigenergy has introduced SigenStor Neo, a next-generation all-in-one residential energy storage system designed to provide complete energy independence. The system integrates five core components into one unit and supports dynamic electricity pricing...

Others
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1 hour ago
Global gauze bandage rolls market to reach $3.19B by 2035, growing at 4.97% CAGR driven by rising wound care demand

Global gauze bandage rolls market to reach $3.19B by 2035, growing at 4.97% CAGR driven by rising wound care demand

The global gauze bandage rolls market, valued at $1.96 billion in 2025, is projected to grow to $3.19 billion by 2035 at a CAGR of 4.97%. Growth is fueled by increasing surgeries, chronic wound care needs, and demand for advanced antimicrobial produc...

Market News
Bullish
2 hours ago
Batmobile Racing wins double at Fuji Speedway with Fasoul-Lightec partnership debut

Batmobile Racing wins double at Fuji Speedway with Fasoul-Lightec partnership debut

Batmobile Racing, partnered with Fasoul and Lightec, secured a double victory in the Pro class at the Lamborghini Super Trofeo Asia held at Fuji Speedway. Drivers William Tregurtha and Jonathan Cecotto led the races with their Lamborghini Huracán Sup...

Others
Bullish
3 hours ago
Ilika raises £4.56m to advance solid-state battery tech for medical and EV markets

Ilika raises £4.56m to advance solid-state battery tech for medical and EV markets

Ilika PLC, a UK solid-state battery developer, raised £4.56 million through an oversubscribed share placing to commercialize its battery technology. The funds will support two battery lines: Stereax, for medical devices like pacemakers, and Goliath, ...

Company Fundamentals
Bullish
4 hours ago
Ripple joins Open USD Stablecoin Consortium with Visa and Mastercard backing

Ripple joins Open USD Stablecoin Consortium with Visa and Mastercard backing

Ripple has become a member of the Open USD Stablecoin Consortium, a group supported by major payment companies Visa and Mastercard. This consortium aims to promote the development and adoption of USD-backed stablecoins, which are digital currencies p...

Market News
Bullish
4 hours ago
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